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Property profile & analytics
OFF-MARKET
Estimated value
$2,035,000
Medical Office Space
5303 Adams NE St Covington, GA 30014-6208
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1638318
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Construction
WOOD
Total area
9,920 SF
Lot
1.03 ac (44,867 SF)
Zoning code
C1
APN
C0060-00060-002-000
UPID
US22-1638318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.04M
Owner & transaction history
Ccmo LLC · 1 yrs held
Ccmo LLC
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
C1 · Covington, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,035,000
ML approach
$2,160,000
CAP Approach
CAP Return
Estimation
6%
$2,395,000
6.5%
$2,215,000
7%
$2,055,000
Blend value · Realmo final
$2.04M
Range $1.83M – $2.24M · ±10% · vs last sale $2.40M (Feb 19 2025)
Last sale anchor
$2.40M
Feb 19 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,505
Tax year 2023
Assessed value
$507,880
Assessed 2023
Previous assessed
$476,320
+6.6% YoY
Effective rate
3.25%
On assessed value
Assessed land
$107,680
Assessed improvement
$400,200
Land market value
$269,200
Improvement market value
$1,000,500
Total market value
$1,269,700
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
10
Total area
9,920 SF
Lot
1.03 ac (44,867 SF)
Zoning code
C1
APN
C0060-00060-002-000
UPID
US22-1638318
Jurisdiction
NEWTON
Zoning & alternative use
C1 · Covington, GAZoning C1 · permitted uses
C1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
10
Lot
1.03 ac
Current owner
From public records · entity-resolved
Ccmo LLC
Entity
Mailing address
1500 LACHONA CT NE, ATLANTA, GA 30329-3482
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
$2,400,000
Ccmo LLC
Berlin Ltd LLC
Deed
$3,200,000 · Peoples Bank
Jul 31, 2018
$3,000,000
Berlin Ltd LLC
Robbins Dobson LLC
Grant Deed
$3,300,000 · Readycap Com'l
Nov 10, 2014
—
Robbins Dobson LLC
Laurus Partners LLC
Quit Claim Deed
related
—
Nov 10, 2014
$2,906,700
Robbins Dobson LLC
Laurus Partners LLC
Grant Deed
—
Sep 9, 2008
—
Laurus Partners LLC
—
Grant Deed
related
$2,480,000 · Cnl Mortgage
May 23, 2007
$750,000
Laurus Partners LLC
Medical,arts Bldg
Grant Deed
—
—
—
Laurus Partners LLC
—
Deed Of Trust
related
$2,480,000 · Eastside Commercial Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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